Prime Minister Manmohan Singh pledged Sunday to spend more on health care and education and make it easier for foreign investors to participate in India’s $1.2 trillion economy, one of the fastest growing in the world. At a World Economic Forum meeting in New Delhi, Mr. Singh said that public sector spending on health care would more than double to 2.5 percent of gross domestic product, and education spending would...

Govt can help by raising Public Spending on Healthcare The Indian Pharmaceutical Alliance, which represents a large section of the country’s pharmaceutical companies, has taken the rather unusual step of asking the government to come to the aid of the industry, which has seen a string of foreign acquisitions of Indian players. None of these acquisitions is hostile. So, where does the government come in, particularly when there is no...

The minister for human resource development, Kapil Sibal, is a man in a hurry. His haste would be welcome, if the government’s proposals for higher education were not so scandalous. Amazingly, despite a few distinguished voices of dissent, there has been no national debate on the United Progressive Alliance government’s plans. Existing state and Central universities, likely to be worst affected by the broom of change, seem reconciled to their...

Seven rounds of trade talks between the EU and India have been concluded without any negotiating texts or positions of either party being made public.  The widespread optimism about the possible signing of the India-European Union (EU) Free Trade Agreement (FTA) sometime in 2010 fails to take into account the many thorny issues that remain to be resolved. Not the least of them are the tariff negotiations on goods and...

Four disturbing trends that need tackling are food adulteration, drug counterfeiting, environmental degradation and corruption The strong and sustained growth of the Indian economy over the last 17-18 years has delivered many very creditable outcomes for its people at large. While a lot more needs to be done on a sustained basis for many more decades if the growth has to be truly inclusive for all Indians, this should not...